Moving Beyond Student Housing

By

Peter Grant

Apr 6, 2015 10:00 am ET

A private equity firm that’s been a leading investor in student housing is expanding into developing mixed use projects adjacent to campuses.

Chicago-based Harrison Street Real Estate Capital has cut a deal to provide most of the equity capital in a $172 million project being developed next to Texas A&M University that’s slated to include rental apartments, two hotels and retail and office space. Harrison’s partner on the project, Houston-based Midway Cos., broke ground on the 60-acre site late last year.